Oracle HFM and Anaplan are competing in the enterprise performance management category. Anaplan typically has the upper hand with its advanced features and flexibility, often making its cost worthwhile.
Features: Oracle HFM is recognized for its in-depth financial consolidation, compliance, and process automation features, which cater to enterprises needing detailed financial analyses. It offers capabilities like multi-currency translations, complex ownership calculations, and inter-company eliminations. Anaplan, on the other hand, is notable for its flexibility, scalability, and robust planning solutions. It provides flexible modeling options and excels in adaptability to various business scenarios, backed by its cloud-native design and real-time data integration.
Room for Improvement: Oracle HFM may benefit from simplifying its deployment process, enhancing its total system integration, and providing more agile support options to align more swiftly with business needs. Anaplan could improve by enhancing its AI-driven capabilities, expanding its real-time data functionalities, and optimizing the learning curve for less technical users to further capitalize on its flexibility.
Ease of Deployment and Customer Service: Anaplan's cloud-based structure supports seamless deployment and system integration, combined with a proactive support model that caters to user needs with agility. Oracle HFM's deployment is more intricate, often requiring dedicated IT resources. Its support system is more structured, aligning with its established financial management solutions, but it could be perceived as less flexible than Anaplan's.
Pricing and ROI: Oracle HFM generally poses a substantial upfront investment, leading to a longer-term ROI through its extensive consolidation functionalities. In contrast, Anaplan offers more initial pricing flexibility, facilitating quicker value realization due to its adaptable financial planning capabilities. Anaplan's pricing is in line with its swift deployment and flexible adaptation, whereas Oracle HFM's ROI aligns with its stable, comprehensive financial management features.
| Product | Market Share (%) |
|---|---|
| Anaplan | 9.8% |
| Oracle HFM | 6.1% |
| Other | 84.1% |
| Company Size | Count |
|---|---|
| Small Business | 9 |
| Midsize Enterprise | 5 |
| Large Enterprise | 12 |
| Company Size | Count |
|---|---|
| Small Business | 3 |
| Midsize Enterprise | 2 |
| Large Enterprise | 11 |
Anaplan is a cloud-based planning and performance management platform with documented use cases in finance, sales, supply chain, marketing, IT and HR. At the core of Anaplan's technology is a single hub where business users can build, deploy, maintain, and share models without coding or reliance on IT personnel.
With Anaplan You Can:
The Anaplan Platform Is:
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Reviews from Real Users:
"Anaplan's in-memory calculation engine is super-fast compared to the old tools we previously used. You enter the data and everything shows up in one go.” - Sandeep A., Lead Analyst at a retailer
"This product has a very good modeling feature, and its graphical representation of visualizations has also been valuable.” - Raghavendra K., Lead Consultant at a tech services company
"Anaplan is a three-dimensional cloud platform that is good for analyzing data, visualization, integration, terrific for visibility.” - Anaplan model builder at a tech services company
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